Euro area private-sector activity unexpectedly ticked up in August, supported by the strongest manufacturing growth in over four years. The improvement is modest but should reduce near-term recession fears and offers a slight tailwind for euro-area risk assets and rate expectations.
Euro area private-sector activity unexpectedly ticked up in August, supported by the strongest manufacturing growth in over four years. The improvement is modest but should reduce near-term recession fears and offers a slight tailwind for euro-area risk assets and rate expectations.
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Request DemoOverall Sentiment
mildly positive
Sentiment Score
0.15
